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. the brown and the gray. what are the differences between them and how are they clashing now that we get closer and closer to the fiscal cliff? >> the brown and the gray is a phrase i've been using for the last few years to describe the two giant generations that will shape american life in the coming decades. the brown is the millennial, the most diverse in american history. over 40% nonwhite. the gray is the aging baby boom which is joining the silent generation in a huge senior cohort that is 80% white. and they have very different political inclinations, preferences and different interests at stake in the fiscal cliff and budget negotiations. on the one hand, taxes verse spending and so does the kind of spending. discretionary spending mostly investments in the future. entitlement spending mostly income security for the older generation. >> so who benefits if we do cross the fiscal cliff? >> i think there is no question that getting the debt and deficit under control is in the interests of younger generations so they are not saddled with debt solely for our current consumption. but h
anything. this year for almost six decades help kamt not in santa's sleigh but in a big, brown box. santa. i'm writing for your help. >> as with other americans, the economy is tough and times are very difficult financially. >> it's hard being homeless with nowhere it to live, no income or place to make them a christmas or buy presents. >> the holiday season is usually very tough for our family. >> making packages for the globe santa foundation. on one side we keep all the boys' toys and on the other side girls' toys am we have 30 working today. all the packages are going out to children in the boston area where the families are, you know, facing difficult times during this economy. we'll send out about 32,000 packages. >> globe santa is the holiday gift assistance program started by "the boston globe" in 1956. we've seen a number of families that are writing to globe sanity at that for the first time because they've been unemployed. the economy over the last five years has had a major impact on how many gifts we're putting together each year and that puts the stress on the donors who we
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